Sterling Strips net profit declines 86.89% in the March 2014 quarter

Sales decline 40.12% to Rs 1.94 crore

Net profit of Sterling Strips declined 86.89% to Rs 0.08 crore in the quarter ended March 2014 as against Rs 0.61 crore during the previous quarter ended March 2013. Sales declined 40.12% to Rs 1.94 crore in the quarter ended March 2014 as against Rs 3.24 crore during the previous quarter ended March 2013.

For the full year,net profit reported to Rs 0.21 crore in the year ended March 2014 as against net loss of Rs 0.81 crore during the previous year ended March 2013. Sales declined 3.16% to Rs 5.21 crore in the year ended March 2014 as against Rs 5.38 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales1.943.24 -40 5.215.38 -3 OPM %21.6516.05 -13.24-17.66 - PBDT0.160.67 -76 0.48-0.66 LP PBT0.090.60 -85 0.19-0.87 LP NP0.080.61 -87 0.21-0.81 LP

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